Company / SG&A Expense
Aflac SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$3.3B
FY2025
5-year range
$3.0B / $3.5B
FY2021-FY2025
Trend
+7.9%
vs FY2024
Sector context
#11 of 131
Financials
What the data says
Among 131 Financials companies, Aflac is in the bottom 8% for sg&a expense. SG&A Expense returned to growth in FY2025 after 3 years of decline, reaching $3.3B.
Based on SEC 10-K filings.
$3.3B in FY2025 with a 5-year CAGR of -1.0%. Top quartile in the Financials sector.
Increased from $3.2B to $3.3B over the past 2 years.
Financials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +0.0%
- 5-Year CAGR
- -1.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 8% in FinancialsTop 92% of 131This company $3.3B Sector average $902.0M
▼
+260.6% above sector average
Key checks
Key Insights
- 5-year CAGR of -1.0%, indicating a declining trend.
- In FY2025, sg&a expense increased 7.9% year-over-year.
- Ranks #11 out of 131 companies in the Financials sector.
- Peak sg&a expense was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.69 (distress zone, below 1.8 threshold)
- Strong profit margin: 23.5%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.3B | +7.9% |
| FY2024 | $3.0B | -4.8% |
| FY2023 | $3.2B | -2.6% |
| FY2022 | $3.2B | -8.2% |
| FY2021 | $3.5B | +3.5% |
| FY2020 | $3.4B | +10.7% |
| FY2019 | $3.1B | +3.4% |
| FY2018 | $3.0B | +7.5% |
| FY2017 | $2.8B | -0.6% |
| FY2016 | $2.8B | +7.3% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026